Building Details

Year built 1998

Flooring type Concrete

Roof type Asphalt

Listing Agency: ERA Crossroads k***@toddrealty.com Show Phone

Listed By: Kay Young · License #RB14019200 Show Phone

Added: Aug 29 Changed: Sep 1 Last Checked: Oct 7 at 9:06AM

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MLS# 202635897

Copyright © 2026 Kosciusko Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This self-storage unit provides a 20 x 40 configuration with an interior loft for additional storage. The space has concrete flooring, an asphalt roof, and access to off-street parking within a chain-link-fenced storage area. The unit was built in 1998.

Entry is available 24 hours a day through an electric gate. The property is situated near both Syracuse and North Webster in Kosciusko County, providing access to nearby communities for storage users.

Key Highlights

• 20 X 40 storage unit with loft area
• 24‑hour entry through an electric gate
• Concrete flooring

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$4,946

Cap Rate

7.12%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$98,920 $98.9K

Cap Rate 7%

$70,657 $70.7K

Cap Rate 9%

$54,956 $55.0K

Market Conditions

NOI Build-Up for 800 SF

Gross rent

$7.7K $9.60/SF

− Vacancy

−$614 −$0.77/SF

EGI

$7.1K $8.83/SF

− OpEx

−$2.1K −$2.65/SF

NOI

$4.9K $6.18/SF

Area

Kosciusko County, IN

Vacancy

8.00%

Lease Rate

$9.60 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$98,920

Cap Rate 7%

$70,657

Cap Rate 9%

$54,956

Alternative Uses

Best Use

Self Storage

$70.7K

$61.8K – $82.4K (±1% cap)

NOI $4,946 @ 7.0% cap · market cap 7.12%

Second Best

Warehouse

$54.8K

$47.9K – $63.9K (±1% cap)

NOI $3,835 @ 7.0% cap · market cap 5.52%

Theoretical Best

Office A

$139.4K

$122.0K – $162.6K (±1% cap)

NOI $9,756 @ 7.0% cap · market cap 14.04%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Self storage facilities

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Storage Facility Accounting Firm Restaurant Discount Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

29

Businesses Nearby

Explore this area Business Placement

Demographics for 46567, IN

9,773

Population

5,849

Households

1.7

Avg Household Size

44

Median Age

25%

College-Educated

90%

High-School Grad

57.3 sq mi

ZIP Area

171

Density / Sq Mi

$73,277

Median Household Income

$46,327

Median Earnings

$964

Median Rent

$228,200

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this self storage facilities located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Self storage facility - Storage unit includes loft capacity and 24-hour access through an electric gate.

Where is this self storage facility located?

The property is located at 10208 N STATE ROAD 13 #10 Syracuse, IN.

What is the asking price?

The asking price for this property is $69,500.

What are key features of this property?

This property features: 20 X 40 storage unit with loft area; 24‑hour entry through an electric gate; Concrete flooring